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India: Bosch announces capex of Rs13bn over 3 years

Automotive components manufacturer Bosch has planned capital expenditure of more than Rs13bn (US$290.05m) over the next three years. This is aimed at enabling the supplier to meet increasing demand from India's automotive industry. For the year ended December 2010, Bosch's Indian unit, Bosch Ltd, reported capex of Rs3.02bn, which was 109% It’s time to log … Continued

Automotive components manufacturer Bosch has planned capital expenditure of more than Rs13bn (US$290.05m) over the next three years.

This is aimed at enabling the supplier to meet increasing demand from India's automotive industry. For the year ended December 2010, Bosch's Indian unit, Bosch Ltd, reported capex of Rs3.02bn, which was 109%

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